Well Fitted Sandwich Bar/coffee Shop (we Understand With A3 Use) | | Undisclosed Middlesex | | Situated in a parade, excellent main road trading position, close to the town centre and town hall offices, MIDDLESEX | | ADVERT NUMBER : 60825
ADVERT IMPRESSIONS : 12,888 TIME(S) | | | | BUSINESS SECTOR: | Catering | | TRADE TYPE: | Sandwich Bars | | SALE: | Agent Sale | LEASEHOLD: | £105000 | | | | | BUSINESS DETAILS: | Features : ATTRACTIVE SANDWICH BAR/COFFEE SHOP with ceramic tiled floor, high ceiling with fluorescent lighting. Tables and chairs plus sofa and 2 armchairs providing seating for 29 persons. Cool display serveover counter with refrigerated storage section, upright open cool display unit (used for soft drinks), 2 panini toasters, 2 commercial microwave ovens, 2 group coffee machine, coffee grinder.
REAR PREPARATION AREA & KITCHEN, sink and drainer, dishwasher, large gas cooker, 2 upright larder fridges, 1 chest deep freeze etc.
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, excellent main road trading position, close to the town centre and town hall offices, MIDDLESEX
Opening Hours : Monday - Friday inclusive - 8 a.m. - 3 p.m.
Saturday opening - 10 a.m. - 2 p.m.
NO SUNDAY TRADING
The business is also closed on all bank holidays
Turnover : WE ARE INFORMED the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase, especially with additional opening hours and with undertaking deliveries/buffets. Gross profit 65% approx.
Tenure : We understand the premises are held on a secure renewable lease, the present lease having 6 years unexpired from September, 2010 at a rental of £21,000 p.a. exclusive of rates. (We understand the landlords have requested that the rent be increased from September, 2010 to £25,000 p.a. exclusive of rates, however, we understand from the present tenant that no definite increase has been agreed with the landlord at present).
Uniform Business Rates: £7,200 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £105,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over, is at present let on a shorthold tenancy and provides a rental income of £9,000 p.a. however, we understand that vacant possession can be given on completion, if required. The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
1 Double Bedroom
Shower room with shower, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units
Staff : At present operated by the vendor's wife with the assistance of the vendor's sister-in-law plus father-in-law. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
